(117) stories found containing 'de beers canada'
Sorted by date Results 1 - 25 of 117
Surprise Gahcho Kué kimberlite discovery
In its effort to identify and delineate diamond-rich kimberlites that will extend the life of Gahcho Kué Mine in Northwest Territories beyond 2030, Mountain Province Diamonds Inc. is involved with... — Updated 1/18/2023
Minerals hunt in NWT turns 'critical'
Mining activity in Northwest Territories held steady in 2022 despite constraints imposed by the ongoing COVID-19 pandemic as a cadre of mainly junior mining companies took up the international... — Updated 1/17/2023 Full story
Gahcho Kué Mine offers 151.6 carat gem
Mountain Province Diamonds Inc. Aug. 31 announced the upcoming sale of diamonds from the Gahcho Kué mine in Canada's Northwest Territories will include a 151.6 carat colored octahedron of... — Updated 9/8/2022
Mountain Province sees up, downs in Q2
Strong diamond prices are helping Mountain Province Diamonds Inc. overcome higher diesel costs, a slower-than-expected post-COVID ramp up of operations, and a primary crusher bearing failure during... — Updated 7/28/2022
Sky-high success, feet firmly on the ground
It all began in 1991, when geologists Charles E. Fipke and Stewart Blusson found 81 small diamonds at Lac de Gras in Northwest Territories, Canada, marking the first diamond pipe discovery in North... — Updated 7/21/2022 Full story
Nunavut exploration heats up in 2021
Mineral exploration activity in Nunavut intensified in 2021 as mining companies mounted larger and more extensive programs in response to stronger capital markets, government infrastructure... — Updated 2/10/2022 Full story
Mountain Province nets $25M from sale
Mountain Province Diamonds Inc. Jan. 25 announced that it received US$25 million (C$31.5 million) from the sale of 181,851 carats of diamonds recovered from the Gahcho Kué Mine in Northwest... — Updated 2/3/2022
Securing funding for Gahcho Kué supplies
Mountain Province Diamonds Inc. Dec. 31 provided details of a proposed US$50 million financing arrangement with Dermot Desmond, the Canadian diamond mining company's largest shareholder. Mountain... — Updated 2/3/2022
Gahcho Kué produces 6.3M carats in 2021
Mountain Province Diamonds Inc. Jan. 13 reported that the Gahcho Kué Mine in Canada's Northwest Territories produced 6.23 million carats of diamonds during 2021, just below the guidance of 6.3... — Updated 1/27/2022
Mountain Provinces explores Kennady North
Mountain Province Diamonds Inc. has two active exploration programs focused on discovering new diamond-rich kimberlites to extend the life of Gahcho Kué, a diamond mine in Northwest Territories... — Updated 1/26/2022 Full story
Gahcho Kué deals with new COVID outbreak
With a new outbreak of COVID-19 cases, the ongoing coronavirus pandemic continues to be a challenge for the Gahcho Kué diamond mine in Canada's Northwest Territories. When it comes to the mining... — Updated 1/6/2022
Diamond output rebounds at Gahcho Kué
Mountain Province Diamonds Inc. July 13 reported an increase in diamond production at Gahcho Kué during the second quarter, putting the Northwest Territories mine on pace to reach at least the... — Updated 8/12/2021
COVID slows Gahcho Kué diamond output
Mountain Province Diamonds Inc. April 13 reported a drop in diamond production at Gahcho Kué due to an unplanned 22-day shutdown related to the February COVID-19 outbreak at the Northwest... — Updated 4/29/2021
COVID outbreaks at northern mine camps
Long before COVID-19 became a household name for a global pandemic, remote mining camps have needed to take precautions to ensure more common illnesses did not spread amongst the crewmembers that... — Updated 3/4/2021 Full story
NWT miners clear 2020 hurdles
For many mining companies eyeing prospects in Canada's far north, 2020 presented insurmountable challenges. But for the few explorers and producers focused on Northwest Territories, the year proved... — Updated 1/28/2021 Full story
Mountain Province looks forward to 2021
After enduring the multiple challenges of being a diamond miner through the COVID-19 pandemic, Mountain Province Diamonds Inc. ended 2020 strong and is positioned well for 2021. "Under very... — Updated 1/14/2021
Gahcho Kué Mine adjusts to COVID-19
Mountain Province Diamonds Inc. Oct. 15 reported increased production at Gahcho Kué during the third quarter as crews at the Northwest Territories diamond mine adjust to COVID-19 protocols. A total... — Updated 11/12/2020
Gahcho Kué diamond prices rebound
Mountain Province Diamonds Inc. Nov. 2 announced it received C$45.7 million (US$34.3 million) from the Oct. 30 sale of 559,528 carats of diamonds from the Gahcho Kué Mine in Canada's Northwest... — Updated 11/5/2020
EHR attracts top diamond exec to board
EHR Resources Ltd. Sept. 22 announced that former De Beers Canada CEO Kim Truter has joined its board of directors. "I am delighted to welcome Kim to the EHR board," said EHR Resources Chairman... — Updated 10/8/2020
Mountain Province diamond sales resume
Mountain Province Diamonds Inc. Sept. 21 reported that it received US$89 million from the sale of 210,661 carats of diamonds from the Gahcho Kué Mine in Northwest Territories. This Sept. 19 sale... — Updated 10/8/2020
Pandemic curbs diamond mining, markets
Though world diamond markets remain closed after their shutdown this spring in response to the COVID-19 pandemic, diamond mining in Canada's North is showing signs of life. One mine, Ekati, shut... — Updated 9/26/2020
Mountain Province finds diamond buyer
Mountain Province Diamonds Inc. June 8 announced it has found a buyer of US$50 million of diamonds in a market otherwise closed to the sale of the gems due to COVID-19. Mountain Province owns a 49%... — Updated 9/26/2020 Full story
Bumpy ride ahead for NWT mining
While mining activity remained strong in the Northwest Territories in 2019, industry and government officials alike worried that the robust sector, driven largely by production at three diamond... — Updated 8/14/2020 Full story
Nunavut takes stock in 20th year
Twenty years ago, Canada created the territory of Nunavut, carving out the easternmost part of the Northwest Territories to form the country's northernmost jurisdiction. A vast land of lakes and... — Updated 8/14/2020 Full story
Near mine find shows Gahcho Kué potential
Since achieving commercial production at the Gahcho Kué Mine in 2017, Mountain Province Diamonds Inc. has resumed exploring for more diamonds across the wider property and Kennedy North, an... — Updated 8/14/2020